How has Hooker Furnishings Corporation's restructuring charges changed year-over-year?

Hooker Furnishings Corporation's restructuring charges decreased by 55.7% year-over-year, from $280K to $124K.

What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Hooker Furnishings Corporation HOFT Restructuring Charges

Restructuring Charges at other companies

Bassett Furniture IndustriesBSET

$0-100%

BOB

Bob's Discount Furniture BOBS

$0-100%

HNIHNI

$20.5M+159%

MBC

MasterBrandMBC

$12.8M+172%

Segments

By segment

See full

Domestic Upholstery$114K+0.9%

All Other$5K-87.5%

Hooker Branded$5K-96.1%

Other financials

Income statement

See full

Revenue$69.5M-2.4%

Gross profit$20.6M+14.8%

Operating income$1.6M+417%

Net income$1.1M+135%

EPS (diluted)$0.10+134%

Balance sheet

See full

Cash & equivalents$10.6M-41.0%

Total debt$23.6M-65.9%

Total equity$169.1M-15.1%

Total assets$223.2M-25.5%

Cash flow

See full

Operating cash flow$14.4M-1.7%

CapEx$403.0K-44.6%

Free cash flow$14.0M+0.5%

Valuation

See full

Market cap$180.67M+63.2%

Enterprise value$193.62M+19.7%

P/S0.6×+0.3×

Profitability

See full

Gross margin26.4%+1.8pp

Operating margin-3.2%+1.4pp

Net margin-8.1%-31.3pp

FCF margin2.9%+2.0pp

Returns & leverage

See full

Return on equity-12.7%-52.5pp

Debt / equity0.1×-0.2×

Current ratio3.1×-0.9×

Where this comes from

Reported directly by Hooker Furnishings Corporation in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCosts.

The official record: Hooker Furnishings Corporation’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Hooker Furnishings Corporation's restructuring charges.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Hooker Furnishings Corporation's restructuring charges?: Hooker Furnishings Corporation (HOFT) reported restructuring charges of $124K in Q1 2026.
How has Hooker Furnishings Corporation's restructuring charges changed year-over-year?: Hooker Furnishings Corporation's restructuring charges decreased by 55.7% year-over-year, from $280K to $124K.
What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.